Why invest in Texas?

Businesses of every size, sector, and background are choosing to invest and grow in Texas because, ‘everything is bigger and better in Texas.’

Entrepreneurs, executives, and innovators understand that locating in Texas provides them with the opportunity to harness the talents of the state’s skilled and growing workforce, utilize business-friendly policies to compete and grow, and take advantage of decades of investments in critical infrastructure.

Texas also provides its residents and businesses with the security of an abundant, competitive energy supply that regulators and officials responsibly manage.

Vistra is one of the state’s oldest and most reliable partners for businesses, industry, and families seeking access to reliable and affordable electricity. Its growing Texas fleet of 22 efficient natural gas, nuclear, coal, solar, and energy storage facilities provides customers across Texas with more than 19,000 MW of power.

Businesses seeking to locate, expand, and grow their business can count on Texas’ private and public officials to work together to provide the key ingredients that fuel innovation and growth, including:

  • Access to reliable, always-on electricity
  • Rapid approvals that help with speed to deployment
  • A business-friendly climate
Austin night skyline

As Texas’ energy needs evolve, Vistra is committed to investing in responsible and innovative solutions that strengthen the electric grid, enhance reliability, foster economic growth in the state, and help America compete and win.

Vistra is a signature investor in the Texas Economic Development Corporation (TxEDC), which plays a pivotal role in assisting the Office of the Governor’s Economic Development and Tourism team (EDT) in positioning Texas as the premier destination for businesses. Learn more at: businessintexas.com

Vistra’s Investments In Reliability: 3,100+ MW by 2028

Complete: 400+ MW

Over the past two years, Vistra has invested in technologies and upgrades that added more than 400 MW of generation capacity across its existing Texas gas-fueled power plant fleet. These improvements have been completed and are generating power for the people of Texas. The company is working on additional projects in 2026 and expects that when finished, all of the upgrades will have added a total of 500 MW of additional capacity.

Nearing Completion: 200 MW

Construction is nearly complete on the 200-MW Oak Hill solar project, located atop the site of the retired and reclaimed Oak Hill lignite mine. Commercial operations of this new facility are expected to commence in the fourth quarter of 2025.

On Track: ~630 MW

The company will repower the Coleto Creek Power Plant that was scheduled for retirement in 2027. By investing in plant upgrades and supporting pipeline expansion, the company will create a dispatchable gas plant on the property and repurpose the considerable existing infrastructure. This will restore approximately 630 MW of generation to the grid, and the new gas-fueled capacity can serve Texans for decades to come, while retaining the important economic and tax benefits to the Goliad area. 

Under Development: 860 MW

Two advanced simple-cycle natural gas-fueled power units are under development at the site of the Permian Basin Power Plant to help meet the growing needs of West Texas’ oil and natural gas industries and the state. In total, the units will add 860 MW to the grid. Initial development activities are underway to ensure the plant’s expanded operations can begin operating by 2028. The company has reached a final investment decision and confirms it will build the units.